Economy

Economy

Exports grow most in six years thanks to coffee and informal trade

Uganda's merchandise exports surged in 2017, growing at their fastest rate in six years, according to Central Bank data
Export containers at a port.
Economy

Private sector activity expands at slower pace in January

Activity in Uganda's private sector increased at a slower pace in January compared to the previous month, according to an index that tracks its economic health
Construction workers at a construction site
Economy

Inflation drops further in January

Annual headline inflation dropped further in the first month of 2018, coming in at 3.0%, the Uganda Bureau of Statistics said on Wednesday
Statistics House, which houses the Uganda Bureau of Statistics in Kampala
EconomyOpinionPolitics & Policy

Why Africa needs FDI more than foreign portfolio investment – BoU’s Kasekende

In many important respects, FDI is much more valuable than portfolio investment because the former can enable new, large and medium-sized companies to be created in economies where these types of enterprises are relatively scarce
Economy

Coffee exports surge in 2017

Uganda's coffee exports increased by 33.9% in 2017, while earnings rose 49.3%
Coffee Beans in Jute
Economy

Uganda’s exports fall 1.5% in November as trade deficit expands

The value of Uganda's exports fell 1.5% in November 2017 from a year earlier to $291.5 million, while the trade deficit widened by 43.3% to $143.2m
Busy market in Kampala, Uganda
Economy

New export orders improve for second straight month in December as private sector activity growth falls

Business conditions in the private sector improved at a slightly slower pace in December compared to the previous month, according to the Stanbic Bank Uganda Purchasing Managers’ Index
A retail shopping centre in downtown Kampala, Uganda
EconomyEnergy, Oil & Gas

ERA increases power tariffs for first three months of 2018

Power consumers will pay slightly more in the first three months of 2018 compared to the previous quarter following an increase in end-user tariffs by the Electricity Regulatory Authority
Economy

Uganda inflation at lowest since February 2015

Uganda's key inflation rate continued dropping, falling to its lowest in 34 months in December, driven down by decreases in food prices
Statistics House, which houses the Uganda Bureau of Statistics in Kampala
Economy

Central Bank maintains policy rate while admitting easing cycle has had little effect on loan prices

Bank of Uganda has maintained its lowest ever policy rate, citing a projected rise in core inflation, uneven economic growth, and stickily high prices of credit
Officials seated around a conference table during a press briefing
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